Value-add procurement takes flight at London Luton Airport with JAGGAER
London Luton Airport (LLA), one of many UK’s busiest airports, carrying over 16.2 million passengers in 2023, has chosen JAGGAER, the worldwide chief in Autonomous Commerce, to launch its formidable procurement methods.
The airport is operated by a consortium whose majority shareholders are AENA, the world’s largest airport operator, and InfraBridge, a number one infrastructure funding supervisor. In 2024, JAGGAER was awarded its tender for a brand new procurement platform, including to the quite a few Middle Eastern aviation contracts inside the firm’s portfolio, together with Sharjah Airport.
With the JAGGAER platform, the LLA procurement group can now deal with value-added actions, transferring away from a disconnected know-how stack and handbook, time-consuming processes from loading request for tenders (RFTs) to checking the accuracy of provider insurance coverage paperwork or certifications- to a instrument that frees up useful resource because of clever automation and a seamlessly linked platform of capabilities.
Richard McCord, CFO at London Luton Airport, mentioned: “Although London Luton Airport embraced the changing role of procurement to drive value and efficiencies while supporting suppliers, many of them local, we were lacking the tools to maximise the strategic impact that procurement can bring to our business. This new platform enables us to build a tailored solution that truly fits our needs while continuing to trace a flight path for responsible procurement over the coming years.”
With the airport’s deal with compliance, the brand new automated platform will enable the LLA’s procurement group to progress from manually managing processes to a platform that may solely require human intervention in case of exceptions. For instance, when a provider’s insurance coverage runs out, the group will not should name and request the up to date doc, because the JAGGAER platform will handle this robotically.
In addition to being absolutely compliant with the brand new UK Procurement Bill, which can come into impact in October 2024, the brand new resolution allows the introduction of a digital class technique, connecting knowledge throughout the procurement lifecycle. This will assist LLA transfer away from a extra transactional and admin-focused mannequin of managing procurement to strategic administration of spend and suppliers.
In the Middle East, the place shoppers embrace Sharjah Airport, amongst others, the corporate is answerable for enhancing operational effectivity by a set of modern companies. By reworking sourcing processes, JAGGAER ensures higher procurement outcomes, optimises provider relationships, and will increase collaboration, fostering a extra cohesive and productive provide chain.
Hany Mosbeh, Senior Vice President – Middle East and Africa, JAGGAER, commented: “With our in depth expertise within the aviation sector, within the Middle East, Europe and globally, JAGGAER is uniquely positioned to drive innovation and effectivity. Our experience ensures that airports and aviation entities worldwide can obtain seamless operations and strategic procurement.
“Utilising the JAGGAER platform, London Luton Airport now have all the tools they need to realise their objectives both now and in the future. We understand organisations’ sensitivities and pressure points and are fully equipped to support their digital transformation, helping revamp their procurement strategy for better strategic thinking and value generation through optimised supply chain management.”